AI brief of an SEC Form 8-K · Hancock Whitney (HWC)

Hancock Whitney Q4 2023 EPS falls to $0.58 on $75.4 million net charge

Mixed Impact 3 of 5 earnings Written later

Hancock Whitney reported fourth-quarter 2023 net income of $50.6 million, or $0.58 per diluted share, down from $1.12 in the third quarter and $1.65 a year earlier. The results include a $75.4 million net charge tied to a securities portfolio restructuring loss, a parking facility sale gain and an FDIC special assessment, which the company excludes from its adjusted figures.

Key points

  • Net income was $50.6 million, or $0.58 per diluted share, versus $97.7 million, or $1.12, in Q3 2023 and $143.8 million, or $1.65, in Q4 2022.
  • The net charge of $75.4 million, or $0.68 per diluted share after tax, includes a $65.4 million loss on the securities portfolio restructuring and a $26.1 million FDIC special assessment, partly offset by a $16.1 million parking facility sa
  • Excluding these items, EPS would have been $1.26, up $0.14 linked-quarter.
  • No shares were repurchased in Q4 2023; the buyback authorization expires December 31, 2024.

The filing

CompanyHancock Whitney (HWC)
Form8-K, current report
Filed with the SECJan 16, 2024, 4:01 PM ET
Accession number0000950170-24-004600

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 16, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.